6705 Generation Ln Prescott, AZ 86301
- Warehouses
- 17,000 SF
- 3.50 lot acres
Current Use by Public Records
- Warehouses
Property Details for 6705 Generation Ln
- Year built
- 2024
- Lot size
- 3.50 lot acres
- Property size
- 17,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a fully permitted and partially constructed industrial warehouse development in Prescott, Arizona. Located at 6705 Generation Ln, Prescott, AZ 86301 (APN 103-01-839), this project sits on a 3.5-acre lot within the Prescott Airpark and is ready for vertical construction. The asking price is $1,415,000, representing a pro-forma cap rate of 14.42% and a pro-forma NOI of $204,000. The property includes a completed Campana metal building shell, all necessary permits, and completed groundwork. The design encompasses two single-story buildings, each totaling 17,000 square feet, with the potential for each building to be subdivided into four 4,300 square foot units. Each building features four dock-high doors and one shared loading dock. Ceiling heights range from 18 to 26 feet. The property is zoned IG (Industrial General) and is currently vacant, offering immediate potential for occupancy or leasing in a high-demand market. Architectural plans are included in the sale. This is a unique opportunity to acquire a nearly completed industrial development, offering significant upside potential for investors and owner-occupiers alike. The seller is unable to complete the project and is offering it as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.405
- Latitude
- 34.6503
